Railroaded Into Debt

Posted on 22. Jul, 2012 by Theodore Roe in Analysis, Current Events

California is nearly 400 billion dollars in debt. The lukewarm sense of hope following the contentious fight to wrap up the yearly state budget is tempered by the knowledge that the agreement requires the public to ok a referendum temporarily raising taxes by 8 billion dollars. Social services, health programs, the education system, the court [...]